Wedbush Weighs in on VICI Properties Inc.’s FY2025 Earnings (NYSE:VICI)

VICI Properties Inc. (NYSE:VICI) – Equities researchers at Wedbush lifted their FY2025 earnings estimates for VICI Properties in a research report issued on Monday, May 6th. Wedbush analyst R. Anderson now expects that the company will post earnings of $2.34 per share for the year, up from their prior estimate of $2.33. The consensus estimate for VICI Properties’ current full-year earnings is $2.25 per share.

Several other analysts have also commented on VICI. Mizuho dropped their price objective on VICI Properties from $34.00 to $31.00 and set a “buy” rating on the stock in a report on Thursday, March 7th. Morgan Stanley boosted their price target on shares of VICI Properties from $32.00 to $33.00 and gave the stock an “equal weight” rating in a report on Monday, March 18th. Finally, Wells Fargo & Company decreased their price objective on shares of VICI Properties from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, March 6th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, VICI Properties presently has an average rating of “Moderate Buy” and an average price target of $34.10.

VICI Properties Price Performance

Shares of VICI Properties stock opened at $29.55 on Wednesday. The firm has a market cap of $30.83 billion, a PE ratio of 11.68, a P/E/G ratio of 6.47 and a beta of 0.90. VICI Properties has a twelve month low of $26.63 and a twelve month high of $33.40. The company has a quick ratio of 2.97, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. The business has a 50-day moving average price of $28.92 and a 200 day moving average price of $29.62.

VICI Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were given a dividend of $0.415 per share. The ex-dividend date was Wednesday, March 20th. This represents a $1.66 dividend on an annualized basis and a yield of 5.62%. VICI Properties’s payout ratio is presently 65.61%.

Insider Buying and Selling at VICI Properties

In related news, Director James R. Abrahamson purchased 3,000 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average price of $28.85 per share, with a total value of $86,550.00. Following the completion of the acquisition, the director now owns 139,342 shares in the company, valued at $4,020,016.70. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.25% of the stock is owned by insiders.

Institutional Investors Weigh In On VICI Properties

Hedge funds have recently modified their holdings of the company. Cohen & Steers Inc. increased its stake in VICI Properties by 132.0% during the fourth quarter. Cohen & Steers Inc. now owns 34,784,906 shares of the company’s stock worth $1,108,993,000 after acquiring an additional 19,788,229 shares during the last quarter. Norges Bank acquired a new stake in shares of VICI Properties during the 4th quarter worth about $460,431,000. Capital International Investors raised its holdings in VICI Properties by 17.4% in the 4th quarter. Capital International Investors now owns 62,871,097 shares of the company’s stock valued at $2,004,648,000 after buying an additional 9,317,582 shares during the period. Invesco Ltd. lifted its position in VICI Properties by 19.1% in the third quarter. Invesco Ltd. now owns 23,686,622 shares of the company’s stock valued at $689,281,000 after buying an additional 3,798,898 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in VICI Properties by 37.9% during the first quarter. Daiwa Securities Group Inc. now owns 11,313,497 shares of the company’s stock worth $337,029,000 after buying an additional 3,109,028 shares during the period. Hedge funds and other institutional investors own 97.71% of the company’s stock.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.